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17 March 2017
Issue: 7739 / Categories: Legal News , Brexit , EU , Litigation trends
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Experts “cautiously optimistic” about litigation future post-Brexit

London is likely to retain its dominance as the forum of choice post-Brexit, despite EU lobbying that exiting the EU could mark the end for UK litigation dominance.

Speaking in a New Law Journal panel debate this week, Ed Crosse, partner at Simmons and Simmons LLP and president of the London Solicitors Litigation Association, said he was optimistic but not complacent about the future.

“After an initial period of alarm among clients—and lawyers—about the Brexit effect on civil justice things have settled down. Clients choose to litigate in London for many reasons such as the quality of the judiciary, the procedures, the availability of disclosure, adverse costs orders, the integrity of the courts etc, but it’s vital that we improve certainty about the future.

“We need to be taking steps to reassure clients that they will be able to resolve their disputes as they’ve decided. Clients want to be sure that if they have an exclusive jurisdiction clause they’ll be able to enforce it widely.”

Fellow panel member Hugh Mercer QC, Essex Court Chambers and Chairman of the Bar Council’s Brexit Working Group, said it was important not to overstate how much influence Brexit would have on London as a financial centre because of the infrastructure and services, and the mass of people here who can service it. However, he emphasised that the rule of law depended on legal certainty.

“You don’t start litigation unless you’re going to be able to enforce. At the moment we have a unique situation in the world whereby we’re plugged into the EU system of enforcing judgments, the New York Convention for Arbitration and we also have reciprocal enforcement with the Commonwealth countries. Our judgments are uniquely transportable around the world and it’s important that we try to maintain that post-Brexit.”

Mercer felt that a “good agreement on jurisdiction and judgments was feasible” and was moderately optimistic that we will get one: “The Brussels Regulation in global terms is the gold standard—the status quo is the best there is and is what we should work towards.”

David Greene, senior partner at Edwin Coe LLP and consultant editor on New Law Journal quizzed the panel about what the litigation landscape will be like for practitioners and clients as Brexit becomes a reality. The Brexit master class, part of NLJ’s exclusive webinar series, is available to download here.

Issue: 7739 / Categories: Legal News , Brexit , EU , Litigation trends
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MOVERS & SHAKERS

Walkers—Muriel Marseille

Walkers—Muriel Marseille

Ashurst's Chief Risk Officer joins Walkers

Excello Law—John Osborne

Excello Law—John Osborne

Northern family lawyer John Osborne joins Excello

mfg Solicitors—Rebecca Rogers, Kennedy Langley & Victoria Griffiths

mfg Solicitors—Rebecca Rogers, Kennedy Langley & Victoria Griffiths

Trio of promotions announced at Kidderminster law firm mfg Solicitors

NEWS
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The Court of Appeal has reinforced that domicile depends on intention rather than residence alone, in a significant post-Brexit ruling on cross-border financial remedy claims
The Chancery Division's long history comes to an end this autumn as it is reborn as the Business and Property Division, prompting questions over whether the shake-up is really necessary
The Financial Conduct Authority (FCA) continues to show that failing to disclose regulatory issues can attract harsher consequences than the original misconduct itself
Rejecting a generous settlement can prove an expensive mistake, as two recent high-profile cases demonstrate
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